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MTN Nigeria Posts Latest Results, Sees Massive Fintech Boom
MTN Nigeria has today announced its unaudited results for the half-year ended 30 June 2022. The company, an arm of MTN Group, considered Africa’s largest telecom in terms of subscribers and revenue, continues to report positive growth, particularly in its…
Airtel Africa Reports 13% Revenue Growth for the First Quarter
Airtel Africa, a telecommunications company, has reported a 13% revenue growth for the second quarter of 2022. Total revenues, for mobile services and mobile money services combined, grew in Nigeria by 18.3%, in East Africa by 14.1%, and in Francophone…
ByZintle
Safaricom Scoops Up 400 Developers in Kenya to Stave Off Competition
Safaricom, Kenya’s top telecom group, has reportedly hired 400 software developers in 2022 to keep up with the demand for digital talent as other digital business competitors set up shop in the country. According to Business Daily, the new hires…
Airtel Africa Coughs Up $40-Million for New Kenyan Spectrum
Airtel Africa, one of the continent’s largest telecommunications groups with a presence in 14 countries, today announces that its Kenya subsidiary, Airtel Kenya, has concluded its purchase of additional spectrum in the country. According to the announcement Airtel Kenya has…
Vodacom to Invest $58-Million into Rural KZN, South Africa- The Details
South African telecommunications group Vodacom said on Thursday that it is seeking to invest R1-billion, or around $58.2-million, into improving its mobile network in the country’s eastern coastal province of KwaZulu-Natal (KZN). In a statement seen by Developing Telecoms, Vodacom…
Airtel Money is Now On its Own
Telecoms group Airtel Kenya has announced that it will be splitting its mobile money business – Airtel Money – from its main company. Instead, Airtel Money will now be operating under the name ‘Airtel Money Kenya Limited’. “Following this business…
The 15 African Countries with the Most Expensive Data
Countries in Africa generally have some of the most expensive mobile data in the world due to several factors, including the unavailability of telecoms infrastructure and high taxation in the African telecom industry by governments. Many telecom firms may hold…
MTN is Planning to Buy Telkom
MTN Group is reportedly in talks to buy its telecommunications rival Telkom. According to Bloomberg, the company said the discussions are still at an early stage and there is no certainty that the transaction will be completed. The news that…
MTN South Africa is Number 1 – Again
MTN South Africa has once again been ranked as the country’s best network, this time in the second quarter of 2022. According to the tech publication MyBroadband Insights report, MTN reigned supreme with a Network Quality Score of 9.75 in…
IT Angola Rebrands, Joins the Paratus Fold
Angolan telecommunications service provider, Internet Technologies Angola (ITA), has officially changed its name as part of an extensive rebranding and harmonisation process led by its parent company, the pan-African Paratus Group. ITA will, with immediate effect, operate under the name…
Telecoms Will Be Africa’s Fastest Growing Industry: New Study
The telecoms sector will be the fastest-growing industry in Africa over the next five years as internet connectivity improves, new research with business leaders for blockchain-based mobile network operator World Mobile shows. When asked to pick the three sectors that…
Starlink Launches Satellite Internet for Boat Owners
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, announced Thursday that it will now be offering its services to boat owners for $5,000 per month. According to Business Insider, the boat owners will also have to pay a…
5G Adoption in Africa: Significant Equalising Opportunities Once Teething Issues are Sorted Out, says ProLabs
The positive adoption of 5G technology has tremendous potential to affect African communities and economies in a positive manner. 5G networks – if correctly taken up and rolled out – will offer African businesses and individuals the critical infrastructure to…
Google’s Equiano Subsea Cable Makes New African Landing
Google’s Equiano subsea internet cable, which seeks to connect Europe to Africa via the ocean, has made a new landing in Africa en route to its final destination of Cape Town, South Africa. According to an announcement made yesterday, the…
Telkom Kenya Faces Delays on its New Mobile Money Subsidiaries
Telkom Kenya says that it is facing delays in getting approval from the Communications Authority of Kenya (CA) for its two mobile money subsidiaries that it announced last year. According to Business Daily, the telecommunications company announced Telkom Digital and…
MTN Desperately Seeks Generators to Keep its SA Customers Connected
MTN South Africa is desperately seeking generators to keep its customers connected amid the country’s deepening power crisis. “MTN is inviting all businesses that are in possession of generators, to become potential suppliers to MTN. Whether the business has two…
